Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Nvidia Develops New Location-Verification Technology for AI Chips 
Japanese blockchain trade consortium TradeWaltz has partnered with mining traceability firm MineHub to conduct a trial on copper trade executed by Sumitomo Corporation.
TradeWaltz’s blockchain network includes over 100 corporate members with the founders, including three major trade conglomerates, Toyota Tsusho, Mitsubishi Corp, and Kanematsu, as well as MUFG bank.
The initiative was started by NTT Data with the goal of digitizing Japanese import-export documentation.
Meanwhile, MineHub, a Canadian firm, focuses on the supply chain at an earlier stage, tracking metals and minerals from the point of extraction. Its solution was created with the goal of providing supply chain traceability that could be used for trade finance solutions. It has lately expanded to include carbon emissions tracking for ESG purposes.
While the Sumitomo copper trade was a verification test, TradeWaltz CEO Satoru Someya said he hopes to collaborate with MineHub to use it for live deals in the future.
MineHub raised CAD 10 million ($8 million) on the TSX Venture exchange six months ago, and it raised another CAD 3 million ($2.4 million) in a private placement earlier this month. BHP, Chinese Minerals, and Zijin Mining conducted a copper concentrate transaction on the business's platform last week, according to the company.
